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Pomegra Newswire - Page 57 of 110

Market News

Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways

Articles - Page 57

Chips: the Odd Sector Out as SOX Drops 1.9%
Markets
NOTABLE
Aug 37 min read

Chips: the Odd Sector Out as SOX Drops 1.9%

Semiconductors tumbled while the broader market rallied Monday, with Micron and Broadcom both retreating as the Philadelphia Semiconductor Index fell 1.9% in a session marked by a stark divergence…

Amazon Tops $3T as Hyperscalers Surge on AI Spending
Markets
MAJOR
Aug 37 min read

Amazon Tops $3T as Hyperscalers Surge on AI Spending

Amazon's stock reached a fresh all-time high above $286 on August 3, 2026, propelling its market cap past $3 trillion as Meta, Microsoft, Alphabet, and Oracle posted sharp one-day gains on record…

S&P 500 July 2026: First Monthly Loss in 12 Years
Markets
NOTABLE
Aug 35 min read

S&P 500 July 2026: First Monthly Loss in 12 Years

S&P 500 closed July 2026 with a -0.12% loss, ending an 11-year winning streak as mega-cap AI and chip stocks dragged the calendar july market lower.

Brent Oil Tops $100 as Iran Shuts Hormuz Strait
Geopolitics
SEISMIC
Aug 37 min read

Brent Oil Tops $100 as Iran Shuts Hormuz Strait

Brent crude briefly surpassed $100 per barrel on July 23 after Iran's IRGC declared the Strait of Hormuz closed — marking the most severe energy supply shock since Russia's 2022 invasion of Ukraine.

August 7 Jobs Report: Markets Brace for July Payrolls
Economy
MAJOR
Aug 37 min read

August 7 Jobs Report: Markets Brace for July Payrolls

July employment data arrives Friday amid a fractured Fed, slowing hiring momentum, and markets pricing an 80% chance of a September rate hike.

Euro Area Inflation 2.9%: ECB Frankfurt Faces September Test
Economy
MAJOR
Aug 36 min read

Euro Area Inflation 2.9%: ECB Frankfurt Faces September Test

Euro-area flash HICP accelerated to 2.9% in July 2026, beating June's 2.8% reading, as energy prices surged 10%, tightening the policy dilemma at ECB Frankfurt ahead of its September meeting.

BoJ Holds at 1%, Signals September Hike After Tokyo CPI Jump
Policy & Regulation
MAJOR
Aug 36 min read

BoJ Holds at 1%, Signals September Hike After Tokyo CPI Jump

The Bank of Japan kept its benchmark rate unchanged at 1.00% on July 31, 2026, but upgraded its economic forecasts and signaled a potential move as soon as September as Tokyo inflation hit a…

Ford Shares Slip 1.21% as Weak Auto Sales Cloud Earnings Beat
Business & Earnings
NOTABLE
Aug 36 min read

Ford Shares Slip 1.21% as Weak Auto Sales Cloud Earnings Beat

Ford Motor Co. fell Thursday as disappointing auto sales data overshadowed a stronger-than-expected quarterly earnings report delivered earlier in the week, leaving investors cautious about the…

AvalonBay Q2 2026: FFO Beats, Merger Advances
Business & Earnings
MAJOR
Aug 35 min read

AvalonBay Q2 2026: FFO Beats, Merger Advances

AvalonBay Communities beat Q2 Core FFO estimates at $2.86/share while pressing forward on its all-stock Vivmark Residential merger, with AVB shares trading roughly 8% below consensus fair value.

Magnificent Seven Power S&P 500 to 1% Weekly Gain Amid Fed Turmoil
Markets
MAJOR
Aug 37 min read

Magnificent Seven Power S&P 500 to 1% Weekly Gain Amid Fed Turmoil

The S&P 500 closed the week up roughly 1%, rescued by a Magnificent Seven tech rally that offset a Fed-driven midweek plunge, as investors weighed an earnings scorecard that exposed deep fault…

Markets Week: AI Surge, Iran Talks, Yen Intervention
Markets
SEISMIC
Aug 38 min read

Markets Week: AI Surge, Iran Talks, Yen Intervention

A $1.5 trillion AI stock surge, Iran war de-escalation hopes, and a landmark U.S.-Japan yen defense reshaped global markets in the week ending August 1, 2026.

Kospi Sheds 17% in Two Sessions, Halts Korea Exchange Twice
Markets
SEISMIC
Aug 37 min read

Kospi Sheds 17% in Two Sessions, Halts Korea Exchange Twice

South Korea's Kospi index lost more than 17% across two sessions on July 28–29, halting the Korea Exchange twice in a row for the first time in its history.

India Stocks Climb as FPI Inflows Return Despite $80 Oil
Markets
NOTABLE
Aug 27 min read

India Stocks Climb as FPI Inflows Return Despite $80 Oil

Foreign portfolio investors reversed months of selling to pump fresh capital into Indian equities in late July and early August 2026, lifting the Nifty 50 and Sensex even as Brent crude held above…

RBI Set to Hold Repo Rate at 5.25% Wednesday
Policy & Regulation
NOTABLE
Aug 25 min read

RBI Set to Hold Repo Rate at 5.25% Wednesday

The Reserve Bank of India is expected to keep the repo rate unchanged at 5.25% at its August 5 decision, as rising inflation and global uncertainty outweigh robust GDP momentum.

India Equities Post Third Straight Weekly Gain
Markets
MAJOR
Aug 27 min read

India Equities Post Third Straight Weekly Gain

India's Sensex climbed to 78,095 and Nifty 50 closed at 24,384, sealing a third consecutive weekly advance on an IT-led surge and renewed foreign investor buying that lifted Indian benchmarks…

Jobs Report, MCD and SPCX Earnings Lead Week Ahead
Markets
MAJOR
Aug 27 min read

Jobs Report, MCD and SPCX Earnings Lead Week Ahead

The July nonfarm payrolls release and landmark Q2 earnings from McDonald's and SpaceX converge on a four-day window that could reshape Federal Reserve rate expectations and investor positioning…

OPEC Halts Output Hikes After Six-Month Surge
Markets
MAJOR
Aug 26 min read

OPEC Halts Output Hikes After Six-Month Surge

Seven OPEC+ core producers approved a sixth consecutive 188,000 bpd production increase for September 2026 before signaling a freeze through year-end, completing the largest sustained quota…

OPEC+ Vienna: 188,000-bpd September Hike, Q4 Output Freeze
Geopolitics
MAJOR
Aug 26 min read

OPEC+ Vienna: 188,000-bpd September Hike, Q4 Output Freeze

OPEC+'s seven core producers approved a 188,000 bpd September hike at Vienna, completing 2023's voluntary cut rollback before freezing output through Q4 2026.

July Consumer Sentiment Survey Reaches Five-Month High
Markets
Aug 27 min read

July Consumer Sentiment Survey Reaches Five-Month High

Michigan's July consumer sentiment survey beat expectations at 55.2 as gas prices retreated, while ExxonMobil and Chevron posted a combined $26.6 billion Q2 profit ahead of August's pivotal…

Saylor Fights to Rescue STRC Preferred Shares
Markets
Aug 27 min read

Saylor Fights to Rescue STRC Preferred Shares

Strategy's Executive Chairman has deployed buybacks, dividend restructuring, and a bitcoin monetization plan to pull the firm's flagship preferred stock back toward its $100 par value after a…

Bitcoin Bear Market Hits Coinbase and Strategy Earnings
Business & Earnings
Aug 26 min read

Bitcoin Bear Market Hits Coinbase and Strategy Earnings

Coinbase posted a $359 million net loss and Strategy logged an $8.6 billion write-down in Q2 2026, translating Bitcoin's prolonged slide directly into corporate income statements.

Cruise, Airline Stocks Trade on Every Hormuz Headline
Geopolitics
Aug 27 min read

Cruise, Airline Stocks Trade on Every Hormuz Headline

Transportation equities have become a real-time referendum on Middle East diplomacy, with airline jet fuel and cruise ship bunker costs forcing investors to price geopolitical risk into every…

UK Gilts, German Bunds Track US Treasury Surge in Global Bond Selloff
Markets
Aug 27 min read

UK Gilts, German Bunds Track US Treasury Surge in Global Bond Selloff

Ten-year gilt yields held near 4.98% and bunds at 3.13% as a synchronized global bond selloff stretches from Washington to London and Berlin, driven by sticky inflation, hawkish central banks, and…

Gold Above $3,100, Silver Near $39.77 on Safe-Haven Demand
Markets
Aug 27 min read

Gold Above $3,100, Silver Near $39.77 on Safe-Haven Demand

Precious metals extended their rally as gold bars vault holdings swelled and silver bullion demand accelerated, reflecting persistent investor anxiety over geopolitical and macroeconomic uncertainty.

NVTS Plunges 14% as Revenue Falls to $0.5M
Business & Earnings
Aug 26 min read

NVTS Plunges 14% as Revenue Falls to $0.5M

Navitas Semiconductor shares plunged 14% after revenue collapsed to $0.5M against a $4.5M target, as the gallium nitride chip maker posted a $28M net loss.

AMKR Stock Falls 23% on Soft Q3 Revenue Guidance
Business & Earnings
Aug 25 min read

AMKR Stock Falls 23% on Soft Q3 Revenue Guidance

Amkor Technology's record Q2 2026 earnings beat was overshadowed by third-quarter revenue guidance that missed Wall Street consensus by roughly 6%, sending shares to their worst single-day loss in…

Corning GLW Falls 16% as Optical Fiber Growth Slows
Business & Earnings
Aug 25 min read

Corning GLW Falls 16% as Optical Fiber Growth Slows

Corning's optical fiber cable segment delivered 32% revenue growth in Q2 2026, a marked deceleration from the 81% surge recorded a year earlier, sending shares sharply lower after guidance missed…

PGIM Sees Three Sequential Fed Hikes Starting September
Markets
Aug 26 min read

PGIM Sees Three Sequential Fed Hikes Starting September

PGIM's Katharine Neiss, speaking on Bloomberg TV, called Chair Warsh's presser weaker than expected and forecast three sequential Fed hikes from September.

Apple Q3 2026: Revenue Beats, Services and China Miss
Business & Earnings
Aug 25 min read

Apple Q3 2026: Revenue Beats, Services and China Miss

Apple's third-quarter revenue rose 16% to a record $109.4 billion, but a miss on services revenue and Greater China sent shares down more than 4% after hours.

Russell 2000 Falls 1.45% to 2,903 as Long-End Yields Bite
Markets
Aug 26 min read

Russell 2000 Falls 1.45% to 2,903 as Long-End Yields Bite

The Russell 2000 dropped to 2,903, leading major indexes lower as elevated long-end Treasury rates revived floating-rate debt fears and squeezed small cap stocks across the board.

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